For sale plot - Budapest VIII. kerület

Residential Development Plot for Sale in Budapest’s District VIII

Development Plot for Sale in Budapest’s District VIII, Next to Mátyás Square Excellent opportunity to build a residential condominium in one of the city center’s rapidly developing neighborhoods. The plot’s characteristics allow for the realization of a modern, multi-unit residential project. Key Parameters: Zoning classification: LN-1/CS-1 Potential number of apartments: approx. 19–21 (depending on design and layout) Building type: row development (closed-row) Plot size: 300 m² Buildable ratio: 65% above ground, 85% below ground Green area requirement: minimum 15% Floor area ratio: 4 Permitted building height: 16–23 m Street frontage: 10 m Currently, there is a basement-level building on the site that is designated for demolition, making way for new development. The property is held by a company; acquisition of the company itself is also possible. A rare investment opportunity in the heart of Budapest – ideal for a condominium development project.

PLOT FOR SALE IN JÓZSEFVÁROS WITH BUILDING PERMIT FOR AN APARTMENT HOUSE!

Due to its dynamic development, Józsefváros has become one of the key target areas for investors. The Corvin Promenade — Central Europe’s largest inner-city urban renewal project spanning 22 hectares — has had a transformative impact on the entire district, reflected in the strong demand for housing and the significant rise in real estate prices. The district is home to the campuses of Semmelweis University (SOTE) and the National University of Public Service, and SOTE has also received approval for its next campus development on nearby Kálvária Street. As a result, a substantial portion of people seeking housing in Józsefváros are students, especially those relocating to Budapest from other parts of the country. The area is also an attractive destination for real estate investors: thanks to its central location and excellent accessibility, newly built apartments achieve strong performance in both short-term rentals and long-term leases—particularly among SOTE’s more than 8,000 international students. The district’s largest green area, the renovated Orczy Garden, is just a 15-minute walk from the property, offering residents a perfect balance of urban vibrancy and access to nature. The property for sale is a vacant 901 m² plot with a building permit for a 35-unit apartment building, providing 2,100 m² of saleable area. The permit is included in the price. There are no structures to be demolished on the site. Project Breakdown Total residential area: 1,788.80 m² Retail area: 36.73 m² Loggias + terraces + balconies: 149.03 m² Total building size: 3,215.84 m² Plot Details Zone: Ln-1/M-3 Buildability: 50% Underground buildability: 70% Floor area ratio (FAR): 3.5 m²/m² Parking floor area ratio: 0.7 m²/m² Maximum cornice height: 17 m We look forward to your inquiry!

Bővíthető telek a 8. kerületben, a SOTE egyetemi város nagy fejlesztés szomszédságában. Feltételesen mind utcafronton, mind mélységében lehetséges a telek bővítése Közelben történő fejlesztések során SOTE-n kívül a NKE is új Campust kap. A területre közel 2500 nm bruttó szintterület építhető a kerületi szabályozás alapján. Bontandó épület nincs a területen. Tömegközlekedés Keleti PU felé, Nagyvárad tér, Népliget, Soroksári út, József krt irányába sűrűn ellátott.